Relevant Costs and Decision Making

Printer Friendly
Text Size: A A A A
 
Back New Search

Overview

3.0 Credits
ONLINE

Organizations face many decisions, and they usually must choose between two or more alternatives. Decisions will generally be based on maximizing shareholder value, so all decisions will use relevant costs and revenues. Relevant costs and revenues are those costs and revenues that change as a direct result of a decision. This CPE course explores relevant costs and revenues, including characteristics of relevant costs, non-relevant costs, opportunity cost, as well as incremental revenue. It examines the relevant cost of variable costs and overheads, decision-making based on relevant costing principles, and includes multiple illustrations throughout.

Objectives

  • Identify costs relevant to pricing and product decisions
  • Apply cost analysis techniques to calculate relevant costs

Major Topics

  • Introduction to relevant costs and revenues
  • The relevant cost of variable costs and overheads
  • Decision-making based on relevant costing principles

Designed For

Management accountants wanting to develop skills in financial performance management CGMA exam candidates
Add to Cart